in 2017, the velocity of money is 5, the price level is 1.5, and real output is 2,500. in 2018, real output is 3,000 and the price level is 1.2. under the quantity theory of money, how much did the money supply grow?

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01-12-2022
Business

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in 2017, the velocity of money is 5, the price level is 1.5, and real output is 2,500. in 2018, real output is 3,000 and the price level is 1.2. under the quantity theory of money, how much did the money supply grow?

Sagot :

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